Polymarket, a leading prediction market platform, has achieved significant milestones in recent months. In June, the platform surpassed $100 million in monthly volume for the first time, contributing to a total of approximately $213 million in trading volume during Q2. Polymarket has become a pivotal tool in the political landscape, particularly for the 2024 US presidential election, where it is the largest prediction pool with $200 million in crypto bets. The platform's success is attributed to its appeal to both seasoned crypto users and newcomers, serving as an introduction to web3 technologies. Polymarket's ability to provide market-driven probabilities has made it a reliable source for current events, including being referenced on popular podcasts like 'The All-In Podcast'. The platform is also seeing increased speculation and user engagement, with nearly 30,000 monthly users. This growth is expected to continue as the US presidential election approaches, with investors anticipating further increases in trading volume and user participation. Currently, the prediction markets heavily favor Trump to win the 2024 US presidential election.
Investors expect @Polymarket to see increased speculation surrounding the US presidential election even after the prediction markets platform reached record highs of nearly 30,000 monthly users and over $110 million in trading volume. @httpsageyd reports https://t.co/Br0ElpGyMj
Polymarket is exploding off the back of political attention. Sick for them - I hope they're spending their time discussing how to keep this rolling past November. Especially if a Polymarket token/TGE are coming soon. https://t.co/5uDE4qfMUm
🔮🔀 @Polymarket saw ~$213 million in trading volume during Q2. https://t.co/61P4SK7o8h
Polymarket is killing it. Yesterday saw it mentioned on @theallinpod #PoweredByPolygon https://t.co/kHg86J0awo
PREDICTION MARKETS = SUPERIOR TO POLLING. The prediction markets, where betters have real money on the line, are HEAVILY favoring Trump to win in the 2024 US presidential election. Stay tuned. https://t.co/sv2Cayvs12
Polymarket is a great example of a "crypto" product that appeals to all and is a great introduction to web3 for new individuals. We need more products like this to keep our ecosystems growing. @Polymarket is benefitting BIG this political cycle as it's being referenced daily.
First $100mm @Polymarket month, super cool to see! Also really awesome to see them be the center of current events as a way to get a good market driven probability of what's most likely to happen https://t.co/JBHPePvui9
Polymarket Is World's Largest 2024 Presidential Election Prediction Pool: Bernstein ► https://t.co/Vb0LTALEQa https://t.co/Vb0LTALEQa
Prediction summer with @Polymarket These election games help crypto adoption in many ways
ICYMI, @Polymarket was mentioned as the source of truth on @theallinpod this week on betting markets regarding the Presidential race. This is what mass adoption looks like.
.@Polymarket's astronomical success is the most important story in crypto right now, but it's so obvious that we are ignoring it, when we should be screaming it from the rooftops. Prediction markets are the purest technological manifestation of liberal democracy. They take free… https://t.co/XlubHYDicq
June was a huge month for @Polymarket who surpassed $100M in monthly volume for the first time 👏 https://t.co/iSbX4FY2eC
Polymarket right now ... $200M in crypto bets on the line. https://t.co/px0b4eSW3P